14-day Premium Trial Subscription Try For FreeTry Free
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of COLL
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Collegium Pharmaceutical stock price ended at $32.47 on Friday, after losing 3.56%.
(Updated on May 17, 2024)

Sell candidate since May 15, 2024 Loss -4.44% PDF

The Collegium Pharmaceutical stock price fell by -3.56% on the last day (Friday, 17th May 2024) from $33.67 to $32.47. During the last trading day the stock fluctuated 4.01% from a day low at $32.40 to a day high of $33.70. The price has been going up and down for this period, and there has been a -13.44% loss for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -12 thousand shares and in total, 361 thousand shares were bought and sold for approximately $11.71 million.

The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $31.37 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -4.00% during the next 3 months and, with a 90% probability hold a price between $30.11 and $38.35 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

COLL Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, May 10, 2024, and so far it has risen 3.08%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Collegium Pharmaceutical stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $33.56 and $36.35. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Collegium Pharmaceutical stock

Collegium Pharmaceutical finds support from accumulated volume at $32.15 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $1.30 between high and low, or 4.01%. For the last week, the stock has had daily average volatility of 4.41%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (COLL) For The Upcoming Trading Day Of Monday 20th

For the upcoming trading day on Monday, 20th we expect Collegium Pharmaceutical to open at $32.86, and during the day (based on 14 day Average True Range), to move between $30.98 and $33.96, which gives a possible trading interval of +/-$1.49 (+/-4.58%) up or down from last closing price. If Collegium Pharmaceutical takes out the full calculated possible swing range there will be an estimated 9.16% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $32.15 (0.99%) than the resistance at $33.98 (4.65%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Collegium Pharmaceutical stock A Buy?

Collegium Pharmaceutical holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -2.026 Sell Candidate Unchanged

Predicted Opening Price for Collegium Pharmaceutical of Monday, May 20, 2024

Fair opening price May 20, 2024 Current price
$32.86 ( 1.19%) $32.47

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for COLL

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 34.16 5.19 %
R2 33.66 3.67 %
R1 33.35 2.72 %
Current price: 32.47
Support S1 32.36 -0.339 %
S2 32.05 -1.28 %
S3 31.56 -2.81 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 39.09 20.39 %
R2 36.35 11.95 %
R1 33.98 4.65 %
Current price 32.47
Support S1 32.15 -0.99%
S2 31.76 -2.19%
S3 31.50 -2.99%

FAQ

What is the symbol for Collegium Pharmaceutical Stock and on which exchange is it traded?
The symbol for Collegium Pharmaceutical is COLL and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Collegium Pharmaceutical Stock?
Collegium Pharmaceutical holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy Collegium Pharmaceutical Stock?
Collegium Pharmaceutical Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Collegium Pharmaceutical Stock.

What's the current price of Collegium Pharmaceutical Stock?
As of the end of day on the May 17, 2024, the price of an Collegium Pharmaceutical (COLL) share was $32.47.

What is the 52-week high and low for Collegium Pharmaceutical Stock?
The 52-week high for Collegium Pharmaceutical Stock is $40.91 and the 52-week low is $20.84.

What is the market capitalization of Collegium Pharmaceutical Stock?
As of the May 17, 2024, the market capitalization of Collegium Pharmaceutical is 1.102B.

When is the next earnings date for Collegium Pharmaceutical?
The upcoming earnings date for Collegium Pharmaceutical is Aug 01, 2024.
Click to get the best stock tips daily for free!

About Collegium Pharmaceutical

Collegium Pharmaceutical Collegium Pharmaceutical, Inc., a specialty pharmaceutical company, develops and commercializes medicines for pain management. Its portfolio includes Xtampza ER, an abuse-deterrent, extended-release, oral formulation of oxycodone; Nucynta ER and Nucynta IR, which are extended-release and immediate-release formulations of tapentadol; and Xtampza ER for the management of pain severe enough to require daily, around-the-clock, long-term opioid treatm... COLL Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT